Already a member?

Will Oracle (ORCL) Beat This Earnings Season? - Analyst Blog

Oracle Corp (ORCL)
is set to report fiscal second-quarter 2014 results on Dec 18. In
the prior quarter, the company reported a positive surprise of
5.66%. Moreover, Oracle posted an average positive earnings
surprise of 2.52% over the past four quarters.

Let us see how things are shaping up for the company in this
quarter.

Growth Factors this Past Quarter

Oracle's second-quarter guidance was cautious due to tough
year-over-year comparisons and lack of visibility surrounding the
closure of corporate deals.

Management's forecast for new software license and cloud
subscription revenues were to grow in the range of (6.0%) to
4.0%. Hardware product revenues were expected to decline in the
range of 11.0% to 1.0%.

Amid slowing IT spending, soft demand environment and sluggish
hardware sales, we believe that a rise in new software license
and cloud revenues will be positives for Oracle. However, a
decline will reflect market share loss to IBM, Cisco, Workday and
Salesforce.

Earnings Whispers?

Our proven model does not conclusively show that Oracle is likely
to beat earnings this quarter. That is because a stock needs to
have both a positive
Earnings ESP
and a Zacks Rank of #1, 2 or 3 for this to happen. That is not
the case here as you will see below.

Zacks ESP
: That is because both the Most Accurate estimate and the Zacks
Consensus Estimate stand at 64 cents. Hence, the difference is of
0.0%.

Please note that once you make your selection, it will apply to all future visits to NASDAQ.com.
If, at any time, you are interested in reverting to our default settings, please select Default Setting above.

If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com.

Please confirm your selection:

You have selected to change your default setting for the Quote Search. This will now be your default target page;
unless you change your configuration again, or you delete your
cookies. Are you sure you want to change your settings?